Your $tock Mom

“How healthy is the American workforce, and what can you expect in 2012 if you’re looking for a job?” – A conversation with workplace guru Daniel Pink, author of Drive, to get his predictions on what jobs are needed going forward; what jobs are becoming obsolete; how risk is shifting from the corporations to the individual – pensions, health care, education; the trends toward skills and abilities that are harder to outsource and automate; and, how our nation’s policies are not keeping pace with these transitions and the irrelevancy of …

“From now thru end of 2014, or even 2015, there are going to be over a million properties that are bank owned, in other words, REO properties. And what that tells you is, at least from the supply side, is that there’s an enormous amount of housing that is out there ready to be consumed, so to speak.  And unless there’s a corresponding increase in demand, you can count on the fact that house prices will be under serious downward pressure.”
Translated into losses in terms of the national average that you …

Understanding the US debt in terms of the average American family budget, reminiscent of the movie Dave.
“Think back to third, fourth grade math, things like reducing fractions, common denominators; that’s how we’re gonna make trillions make sense,” says CNBC’s Rick Santelli; who looks at the national debt clock, total U.S. tax revenues, and the U.S. budget to make sense of the numbers by itemizing them in terms of the average American family budget.
(video 1:47)

At the EU summit, the two leaders of the European commission and the European council believe 26 of 27 members will join in a new treaty tying finances together in an effort to solve that region’s financial crisis, where at least 23 countries out of the 27 have signed on.  Britain is the lone holdout.
(video 2:37)

UPDATE:  December 11, 2011
Postmaster general and CEO, Patrick Donahoe talks about the future of the postal service amid major cuts to its service.
(video 4:34)

(video 0:59)

Postal Service Progresses With Operational Efficiencies
Proposal to Change Service Standards Filed with PRC
December 05, 2011
WASHINGTON — The U.S. Postal Service today announced it will move forward with its proposal to change service standards. This action is being taken in response to on-going financial challenges caused by the dramatic and continual decline in First-Class Mail volume and the resulting revenue loss.
“The U.S. Postal Service must reduce …

Here’s where CEOs stand; where do you?  And where will it leave your kids?  You can ignore the politics, but do not ignore the numbers.
There is a growing disparity in our economic metrics.  Since workers (99%ers) are the engine, the spenders of our economy in this country, then how can our economy survive if the corporate culture continues to destabilize or remove them?
Corporations are creating the paradox of economic destruction.  They are eroding the very system on which they depend by their ongoing purging of the spender-engine that drives their …

The world’s major central banks move in concert in an unprecedented, coordinated effort to shore up the financial system, to alleviate the European debt crisis, to provide cheap money to banks in Europe and abroad, and prevent the collapse of the European banking system.  This report also updates where things currently are regarding the extension of the US payroll tax cut.
(video 7:42)

UPDATE:  FRI 09 DEC 11 | 06:15 PM ET
What today’s EU agreement, to enforce greater stability, means for you and your money – Cramer explains
(video 4:39)

Euro risk to the US:  understanding the magnitude and consequences of a contagion … to our big banks … to your bank … your money fund … your checking account, explained in simple terms by Cramer (think:  holiday giftwrap)
Part One       
(video 8:07)

Part Two
(video 8:15)